Bitcoin Magazine_ How Bitcoin Unlocks Social Good with Paxful's Ray Youssef

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Jul 10, 2023
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Click to download audio version “I’ve come to believe charity depends on
finding those people who can truly execute on the ground, those real-life
angels. Bitcoin is one of the best things for these people because they can work
with it. They are completely transparent, they don’t have to go through any of
the financial hoops. Most of all, they can convert it to anything, anywhere.
It’s beautiful.” —Ray Youssef, CEO of Paxful While speculation and "hodling" are
store-of-value qualities mainly used for bitcoin in North America and Europe,
it's also being used as a tool for unlocking the world's unrealized capital by
serving the unbanked. Paxful is one company leading this charge by offering
bitcoin as a medium of exchange for people in developing countries. In this
episode, Dave Hollerith interviews the CEO of Paxful, Ray Youssef, about how his
peer-to-peer exchange has enabled a new economy of currency exchange and
payments all through the use of Bitcoin. Additionally, Dave asks Ray about his
philosophy and experience in social good and how it directly ties into Paxful's
initiative for building schools across the world. Topics discussed: Resources:
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